M&A Deal Summary

Medline Acquires Convatec Group - SensiCare and Aloe Vesta

On August 6, 2020, Medline acquired consumer products company Convatec Group - SensiCare and Aloe Vesta from Convatec Group for 29M USD

Acquisition Highlights
  • This is Medline’s 1st transaction in the Consumer Products sector.
  • This is Medline’s 3rd largest (disclosed) transaction.
  • This is Medline’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-08-06
Target Convatec Group - SensiCare and Aloe Vesta
Sector Consumer Products
Buyer(s) Medline
Sellers(s) Convatec Group
Deal Type Divestiture
Deal Value 29M USD

Target

Convatec Group - SensiCare and Aloe Vesta

United Kingdom
Convatec Group Plc - SensiCare and Aloe Vesta provides skin health solutions focuseed on preventative care with its skincare products.

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Buyer(S) 1

Buyer

Medline

Northfield, Illinois, United States

Category Company
Founded 1966
Sector Medical Products
Employees28,000
Revenue 17.5B USD (2020)
DESCRIPTION

Medline is a healthcare company: a manufacturer, distributor and solutions provider focused on improving the overall operating performance of healthcare. Medline works with both the country’s largest healthcare systems and independent facilities across the continuum of care to provide the clinical and supply chain resources required for long-term financial viability in delivering high quality care. Medline was founded in 1966 and is based in Northfield, Illinois.


DEAL STATS #
Overall 7 of 11
Sector (Consumer Products) 1 of 1
Type (Divestiture) 4 of 7
Country (United Kingdom) 1 of 1
Year (2020) 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-16 Medi-Select

Québec, Quebec, Canada

Medi-Select Ltd. is a provider in dental and medical product sales and distribution, trusted and relied upon by our distinguished clients. Medi-Select Ltd. was established in 1984 and is based in Québec, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Hudson RCI

Research Triangle Park, North Carolina, United States

Hudson RCI is a manufacturer and marketer of disposable medical products utilized in the respiratory and anesthesia segments of the worldwide healthcare markets.

Buy -

Seller(S) 1

SELLER

Convatec Group

London, United Kingdom

Category Company
Founded 1978
Sector Medical Products
Employees10,000
Revenue 2.1B USD (2023)
DESCRIPTION

Convatec Group is a global medical products and technologies company focused on therapies for the management of chronic conditions, with leading market positions in advanced wound care, ostomy care, continence and critical care, and infusion devices. Convatec Group products provide a range of clinical and economic benefits including infection prevention, protection of at-risk skin, improved patient outcomes and reduced total cost of care. Convatec Group was incorporated in 1978 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 2
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-18 Southlake Medical Supplies

Southlake, Texas, United States

Southlake Medical Supplies, Inc. is an independent provider of catheter-related supplies. Southlake Medical is a company that can help every customer choose the right catheter for his or her very individual needs and lifestyle.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-28 Triad Life Sciences

Memphis, Tennessee, United States

Triad Life Sciences is a medical device company that develops biologically-derived innovative products to address unmet clinical needs in surgical wounds, chronic wounds and burns. Triad Life Sciences is based in Memphis, Tennessee.

Buy -